SAMA’s Regulatory Sandbox Scope

Effective from Jan 31 2025 - Jan 30 2025
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SAMA’s Regulatory Sandbox is open to:
	√	Innovators proposing new digital business models or concept: Innovators whose proposed solution involves a digital business model or concept that is not currently covered whether explicitly or implicitly under any existing SAMA regulations.
	√	Innovators proposing non-regulated technology: Innovators whose proposed solution involves technologies, which are currently, not covered under existing SAMA regulations.
SAMA’s Regulatory Sandbox is not suitable for:
		Solutions that add little or no material value to similar solutions already deployed in the Kingdom.
		Technologies proposed are not at sufficient stage of maturity.
		Testing plans that are not sufficiently developed: SAMA’s involvement in the finalization of testing plans is exclusively focused on regulatory matters. Innovators must approach SAMA with a clear idea about the objectives of their testing plan and how they intend to achieve those.
		In addition, SAMA’s Regulatory Sandbox cannot be used to:
			■	Circumvent legal and regulatory requirements.
			■	Test technology not intended to be subsequently deployed in the Kingdom.